Common use of Successor Entity Clause in Contracts

Successor Entity. When a successor corporation assumes all the ---------------- obligations of its predecessor under the Securities and the Indenture and immediately before and thereafter no Default exists and certain other conditions are satisfied, the predecessor corporation will be released from those obligations.

Successor Entity. When a successor corporation assumes all the ---------------- obligations of its predecessor under the Securities Notes, the Indenture and the Indenture Security Documents and immediately before and thereafter no Default exists and certain other conditions are satisfied, the predecessor corporation will be released from those obligations.

Successor Entity. When a successor corporation assumes all the ---------------- obligations of its predecessor under the Securities and the Indenture and immediately before and thereafter no Default exists and certain other conditions are satisfied, the predecessor corporation will be released from those obligations.

Successor Entity. When a successor corporation assumes all the ---------------- obligations of its predecessor under the Securities Debentures and the Indenture in accordance with the terms and immediately before and thereafter no Default exists and certain other conditions are satisfiedof the Indenture, the predecessor corporation will (except in certain circumstances specified in the Indenture) be released from those obligations.

Successor Entity. When a successor corporation assumes all the ---------------- obligations of its predecessor under the Securities Secu- rities and the Indenture and immediately before and thereafter no Default exists and certain other conditions are satisfied, the predecessor corporation will be released from those obligations.